«The 10 -
year Treasury yield jumped eight basis points this week while the 30 - year mortgage rate rose three basis points to 4.05 percent,» says Sean Becketti, chief economist at Freddie Mac.
Although the 10 -
year Treasury yield jumped about 80 basis points to 3.3 % in mid-December, rates remain at historic low levels.
Early in the year, bond guru Bill Gross warned clients that if the 10 -
year Treasury yield jumped past 2.6 percent, bad things for the fixed income market would follow.
Not exact matches
The
yield on the U.S. 10 -
year Treasury jumped to its highest level since 2014 on Friday morning, underlining a wider move in bond markets caused by central banks moving away from financial crisis policies.
The 2 -
year Treasury yield, which reflects Fed policy,
jumped to 2.15 percent, while the 10 -
year rose to 2.88 percent.
The
jump in the 10 -
year Treasury yield signals gains for big banks and technology stocks, according to historical analysis using Kensho.
The
yield of 10 -
year Treasury notes, which tend to rise on signs of inflation, also
jumped to its highest level since early 2014.
But this week the 10 -
year Treasury lost roughly 1.4 points, which translated into a 15 basis point
jump in its
yield to 2.84 % The long bond closed over 3 %.
Yields on the 10
year Treasury jumped from 1.85 % to 2.3 % in the past few weeks.
«For the first time in weeks, the 30 -
year mortgage rate moved with
Treasury yields and
jumped 11 basis points,» Freddie Chief Economist Sean Becketti said in a release.
At the same time, the U.S. 10 -
year Treasury bond
yield dipped from 2.43 % to 2.34 % week - over-week, while WTI oil prices
jumped to a 2 1/2 -
year high near $ 56.
Since mid-March,
yields on 10 -
Year Treasury notes have
jumped nearly 20 %.
U.S.
Treasury yields jumped on the news, with the benchmark 10 -
year yield climbing to trade at 2.264 percent, while the short - term two -
year yield rose to 1.355 percent.
The 10 -
year Treasury yield surged this week,
jumping 12 basis points.
Same goes for 10 -
year U.S.
treasuries, currently
yielding just close to 2.4 per cent after the significant
jump in recent months.
But last week the benchmark 10 -
year U.S.
Treasury bond
yield jumped to a six month high around 3.75 pct, while the spread between 2 -
year and 10 -
year bond
yields widened to a record 2.75 percentage points.
Mortgage rates moved higher this week as the
yield on the 10 -
year Treasury note
jumped above the significant psychological threshold of 3.0 %.
Over the same period, the
yield on the 10
Year Treasury note jumped from 1.83 % to finish the year at 2.4
Year Treasury note
jumped from 1.83 % to finish the
year at 2.4
year at 2.45 %.
U.S.
Treasury prices tumbled, pushing
yields higher across the curve; the
yield on the benchmark 10 -
year note
jumped 5 bps to 2.78 %, bouncing off an eight - week low, while the two -
year yield also added 5 bps to 2.29 %.
«For the first time in weeks, the 30 -
year mortgage rate moved with
Treasury yields and
jumped 11 basis points to 4.21 percent.
The 10 -
year Treasury yield surged this week,
jumping 12 basis points.
Mortgage applications have fallen sharply since this summer on a
jump in home finance costs as benchmark
Treasuries yields eventually rose to a two -
year high.